TerraVest Industries Inc. announced that it has entered into a new credit facility with a syndicate of lenders comprised of Desjardins Capital Markets acting as sole lead arranger and bookrunner, National Bank of Canada, The Bank of Nova Scotia and the Business Development Bank of Canada. The Credit Facility consists of a CAD 310 million revolving credit facility, maturing in three years and secured by the assets of the Company's HVAC Equipment and Compressed Gas Equipment divisions. This Credit Facility replaces the Company's existing credit facility with Desjardins of $130 million.